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Pan American Silver Corp. (PAAS)

- NASDAQ
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  • Jan. 23, 2012, 8:48 AM
    Pan American Silver (PAAS -2.9%) confirms speculation it will buy Canadian precious metals miner Minefinders (MFN +27%) for about C$1.5B ($1.48B) in cash and stock. The offer of C$15.60 a share represents a 36% premium to Minefinders' Friday close in Toronto. (PR)
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  • Jan. 23, 2012, 6:48 AM
    Minefinders (MFN) jumps 19.9% higher in premarket trading on a report that Pan American Silver will buy the firm for close to $988M.
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Company Description
Pan American Silver Corpis engaged in the production and sale of silver, gold and base metals including copper, lead and zinc as well as other related activities, including exploration, extraction, processing, refining and reclamation.
Industry: Silver
Country: Canada